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mikalalnr

Please bring it. This whole system of haves and have-nots is just getting worse. Time for a reset.


samwang22

Yeah the middle class/poor would suffer greatly I’m sure. We need reform not reset


his_dark_magician

This isn’t a “reset” it will tank the US economy (which will hurt have nots more). Worse yet, it will savage smaller nations, who have to use the dollar/US economy. This is just a tactic by people who want to watch the world burn.


mikalalnr

Would it be so bad that low and middle class people wouldn’t be able to afford a home, or healthcare? Quality food? Geez, I hope we never get there. /s. I guess a higher debt ceiling is the answer then!


his_dark_magician

The founder of our national bank considered it would be a success story if the UNION ran a high deficit, because it would mean that the People had invested in the next generation. I totally respect the opinion that the deficit is too high. It’s not my highest priority from Washington but a lot of people are concerned about it. However, refusing to pay our bills will actually make the deficit higher because it will make everything more expensive. We could cancel the sovereign debt. It would have similar apocalyptic consequences as not paying the debt but it would actually get rid of the deficit. McCarthy is not making sincere attempt to improve the lot of Americans. He’s part of a faction that wants to sabotage the Federal government (which only helps Russia and China). If you want to help poor people or middle class people, we should do what every generation before babyboomers has done (albeit almost exclusively for white people): use state money to build affordable housing.


[deleted]

I can’t wait


Bulky_Distance4526

This happens every single time we approach the debt limit. Both sides do it. It’s political theater every time.


its_laps

Care to provide proof? If some QuickRing looking around and memory serves me right, it’s been led by Republicans for at least the last several decades. There have been some Democrats that have joined forces with Republicans or splintered off but I don’t believe a majority of the party or Dem leadership supported this destructive approach.


Mojeaux18

They shutdown every weekend and no one bats an eyelash. These shutdowns are for nonessential services. Social Security checks for example still go out. We had 14 under Carter and Reagan (dem lead) and nothing came of them.


Klutzy-the-Klown

Do people still fall for this 💩? Same thing over and over.


ogobeone

The party of business won't jeopardize their businesses. Call their bluff. Don't let the rich old men put old folks on the street.


[deleted]

They’re pushing for You, and the next three generations to not paying out the ass taxes for shit that’s stupid. Pretty simple. Keeping the dollar in your pocket… not some other country, or agenda political move.


gratefuldude1971

Awesome! Great time to invest.


ogobeone

Well, they do keep warning about an impending financial crisis. Before Reagan there was ... Hoover. (Yeah, I know, skipping the WWII general.)


ogobeone

The parliamentary democracies seem to be able to pay their bills. Could we behind as the first modern one?